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. the fiscal cliff is actually constructive from the standpoint it causes people to come together and compromise because going over the cliff while we may do it for a short time period is not beneficial to anybody. it hurts everybody. >> so risk assets being, what, technology? what does that mean, technology? >> not necessarily. we would stay with dividend payers. we would also dip our toe into europe into some very high-quality, multicountry stocks there. mostly on consumer discretionary stocks as well. >> george, we haven't forgotten you yet. scott, i have a question for you. just noticed today france and germany's stock markets hit 52-week highs. we're still wringing our hands over the debt crisis, and the equity markets are hitting new highs for the year. is it too late to get into those markets? >> i don't think so, bill, at all. all the european markets are up for the year except portugal, which is up slightly. even greece is up year to date. i don't think you're too late on that trade at all. in fact, i think, quite frankly, the structural changes that are happening in euro
to be ignoring the fiscal cliff that is coming out in concentrating on the federal reserve. the fed is wrapping up a two day policy meeting and expected to make an announcement of what they plan to do at 930 this morning. the fed will keep pumping $95 billion a month into the u.s. economy and buying treasury and mortgage-backed securities. we have the dow 79 points yesterday and right now the future is up 15 at the opening bell. >> the highest tide of the year is going to hit sampras's go bay and nearby beaches this week. it is called the king tied. we would turn you into jackie sissel who joins us live from pacifica. any site yet? >> it is coming. (laughter) at 945 this morning is when we will see it. it is not just today, for the next three days. we was seeking tide that has to deal with the sun and moon and the gravitational pull. we have extremely high tide to cross the bay area for the next couple of days. low-lying areas, you'll see a lot of the coastal flooding. here at the pacific appear we can see the waves almost hit the sea wall. we will probably say, i have to be careful out here. a
with those comments just 24 days to go until america confronts the fiscal cliff. house speaker boehner coming out earlier today and saying no progress has been made in the negotiations. our chief washington correspondent john harwood is here with the latest. >> reporter: we ended the week with a fairly perfect, simple, clear, elegant expression of the partisan differences in this fight. speaker boehner came out and gave a press conference where he essentially said president obama has done nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for what is behind this stalemate. she says republicans simply echoing the white house are going to have to buckle on the issue of
in sight for the fiscal cliff hanger. >> when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another wee>> why speaker says the president's my way or the highway approach is getting us nowhere. >> the feds are borrowing nearly a billion dollars a day. so why is the white house saying reducing our debt not really the goal? >> thank you, eric, it's the most watched video on the internet of all time. he is set to perform for the president. gangnam style said about our soldiers a few years ago. that controversy kicking up this morning. "fox & friends" hour one begins right now. >> get out the coffee. wake up, everyone, thank you so much for waking up with tus, it is "fox & friends" on this saturday morning. dave bowling in for dave briggs. >> come in and do the show with us today. more filling in today than the regulars. we are glad to be on with you clayton. >> you are on an interesting morning because congress now just 23 days left, 23 days until we head off that flif. fiscal cliff. if you listened to speaker boehner yesterday he is reading reports th
that goes. you don't get it. all right, stocks closely watching the fiscal cliff talks. coming up, chief investment officer will tell us what will happen if there is a deal where if there is no deal. ashley: michael bloomberg crack a joke the only people buying egos. he could soon become one of those. as it everyday at this time, take a look at how oil is trading moving slightly lower even though the suggestion demand from china is off, oil down slightly by $0.10, 85.83 per barrel. tracy: it is time to make some money with charles payne. this hour he is looking at online networking site linked in. getting a little bounce, but has been on a tear. charles: this is a incredible stock. you put six flights out of business. i'm telling you right now. today part of the reason it is up, kind of odd, some sort of stock speculation mayor bloomberg may be interested in doing something, taking it over. even without that, this is a stock i like a lot. at least the third time this year my subscribers are in a stock. the latter earning report my two cents coby district by 100%, the stock finally looked
should do about the fiscal cliff, coming up. speak of america's money crisis what, does this have to do with it? that former u.s. senator doing gangam style. he's trying to inspire you. >> i couldn't believe this. starbucks is now introducing i guess for the holidays a $450 gift card. [ cheering ] >> starbucks, $450 gift card, yeah. it's good for two small coffees and a josh groban cd. that's what it gets you the r. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. let's see if we can get the same item at walmart f less? okay. fijit friends. fifteen bucks on rollback. wow! that's a savings of over 29 bucks! twenty-nine bucks!!?? and they're powered by friendship. see for yourself if you could save on brands you want. walmart. >> you hear about this? mike tyson says in 1998 he found brad pitt in bed with his ex-wife, robin givens. of course, pitt has evidence to refute that. the fact that he still has b
scott is an upand coming star . jimdemint's personal pick. >> steve: jay carny. the fiscal cliff thing. the average person really has no idea what that stands for. if you watch that. >> brian: you much the package. >> steve: no idea. something we learned about in school . i forgot about it. jay carny revealed yesterday. gretchen just said it is not a tax problem it is the way they waste our money. jay carny said deficit reduction is not the goal. are you kidding? here he is. >> deficit reduction is not the goal here. the reason to get our fiscal house in order and the reason to pass a deficit reduction package that is balanced and allows for economic growth is to put our economy on a sustainable fiscal path which again, in itself produces positive economic benefits and revenues are part of it this. the president put forth and entitlement reforms and savings gleaned from our health care entitlement programs need to be a part of it. the president has been specific about that. >> brian: he's talking about generalitiys about unnamed cuts. jay carny goes on to admit if the president's propo
.s. recession. that has come up. in part because of the fiscal cliff concerns. it was 19% back in march. a high of 36%. so we're halfway between the low and the high pretty much. this is a 13-month high for the probability of recession. now we want to show you what people are saying about the fiscal cliff, allowing the economy to go over the cliff would be extremely reckless, says donnelly. they're going out to try to help the unemployment rate. wall street doesn't believe it's going to happen. they do believe it will help lower mortgage rates and the unemployment rate and not a lot of help expected for the stock market. melissa? >> steve, thanks for that. that's interesting stuff there. >> nothing like getting your blood pressure up. liesman testing you live on tv. >> what do you think? wrong, wrong. brought back bad memories, huh, carl? 2013 housing market outlook this morning, according to the report there will be an increase in new residential construction activity, and also recovery in home repair and remodel spending next year. robert, some of the stats are staggering. it's not just an in
. >> 40 minutes past the hour. it's all quiet on capitol hill. when it comes to the looming fiscal cliff crisis that could be a good thing. in 21 days we go over that cliff and four days to get a deal done before they head to christmas break. drastic tax hikes and spending cuts loom. cnn political reporter shannon travis jones us live from washington. what are you hearing? >> well, we're hearing that the negotiations are continuing, zoraida. exactly what those negotiations contain, what's actually happening in them, we're unclear of. so we know that president obama and house speaker john boehner had that one-on-one meeting on sunday, it was their first since mid-november. discussions have continued but, again, very light on details. both sides yesterday put out statements from a public and then from the white house. very light on details. i'll read just one of them for you. quote, discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to w
. an apparent suicide. geraldo investigates. >> when it comes to the fiscal cliff, the white house has wasted another week. >> is the president set on driving us over a fiscal cliff unless the g.o.p. caves or can a deal be made? >> our allies no longer trust us or have confidence in us and our adversaries no longer fear us. the president can make bold statements and bold talk but i don't care they care. >> rioting in egypt. civil war in syria. and radical hamas leader is welcomed in gaza. obama's mid ootion policy is in shambles and former vice president dick cheney says the president's failure puts us all in danger. >> gong ma'am style. >> i love this little chubby south korean guy. >> it's the most downloaded video of all time. >> this is the pony, remember chubby checker. >> gangnam style. >> and bill o'reilly sits down with jay leno. we'll show you the highlights from the late night gab fest. caution, you where to internet no spin zone. the factor begins right now. >> hi everywhere, i'm laura ingraham in for bill o'reilly. thanks for watching us tonight. g.o.p. and post election blues. th
institute] >> more about the fiscal cliff coming up in a minute. the house returns live in about a half hour from now at 5:00 eastern to consider a motion to negotiate with the senate on a compromise bill that would set penn programs and policy for the next year. recorded votes will happen this evening around 6:30 eastern. and tomorrow, eight bills including the sale of asthma ilan-- inhaters -- inhalers. live house coverage as always here on c-span. and now today's white house briefing with press secretary jay carney. he talked about where things stand in the fiscal cliff negotiations and responded to house speaker boehner's criticism of president obama on the issue. we'll show you as much of this as we can until the house gavels back in at 5:00 eastern. >> good afternoon. welcome to the white house. thanks for being here. i have no announcements to make at the top so i will go straight to your questionless. mr. henry's disappointed that i have not a single announcement. jim. >> thanks, jay. the speaker, as you know, spoke today and turned the conversation over to the spending cuts and the
've heard a million times, the end of the year, that's the fiscal cliff if we don't come up to a solution by then, we're going to sail off the fiscal cliff thelma and louise style. washington doesn't work like where everybody is in the hall and work it out. no, they're estimating if we're going to wind up with a deal that will go into effect on the first day of january, 201, they've got to hammer things out by this weekend. so this weekend is the fiscal cliff. >> gretchen: because it takes a while to write the bills. >> eric: and has to originate in the house and right now, john boehner and president obama are miles apart allegedly. it doesn't look like they're gotting any closer. so it's got to go to the house, then gets sent, assuming it passes, to the senate, gets marked up and has to be agreed upon in committees and conference and then eventually gets signed by the president. >> steve: it just takes time. >> eric: there is a holiday. >> gretchen: somebody who had to handle something similarly about a decade ago was rudy guiliani when he was mayor of new york city. he was faced with a
: maybe something good can come out of the fiscal cliff. online gambling gaming in the negotiations. cheryl: man-made seven figures, we will tell you how much it brought in. i love it. it is fun. dennis: i would much rather watch them dance. it's a new day. if you're a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact whe axiron is applied as unexpected signs of puberty in children or changes in body hair or creased acnen women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful
that might come with the fiscal cliff. smart move, robert? >> i think he is a cnbc viewer. he is taking the advice we gave a few weeks back. take the lump sum, pay a letter tax. he hired a financial planner and we are told web he put that money in bank to give himself time to develop a financial plan and not go crazy and spend it. i think he has been watching us and taking our advice. >> all right, robert. thank you very much. >>> should the inheritance tax be abolished? 61% say yes. the money should go to the recipient and not the gov. 5% say no. the government needs money right now. 34% say leave it at the current level. and of course, this is money probably already taxed. that's why it is such a hot topic. >> that is why it is such a hot topic. absolutely. >> let's talk about facebook. the stock continues it rise. julia boorstin is here with the reason why. >>> and pot smoking in a chris letter plant getting a lot of buzz on twitter this morning. phil, tell us about that. >> this is one of the stories where people are saying, are you kidding me? you can pretty much do anything and st
of the fiscal cliff will be positive for the market at this point. right? >> any type of rhetoric coming out of washington, d.c. has put a bid to the tape. so i think the hopes that people were going to have something long-term and really concrete coming out of d.c. have long since gone given we only have a fortnight to get something done. so any type of positive, just get us passed it. you don't want to kick the can down the road like they did in europe. but i think some sense that they are going to come up with something. >> how do you invest regardless of the outcome? >> right now -- well, you know, here we go. i'm always the bear, right? i would be very cautious right now. because we have some concerns in regard to some preannouncements that might come around. you got a lot of cash in profit coffers. you can't just keep playing extra dividends. and so at some point you have to show revenues in growth. there's not a lot of evidence of that right now. >> in the meantime, rick santelli, you've got a big weekend coming up. the fed meeting. lots of data. what are you setting yourselves up for
weekends now before the u.s. comes face to face with the fiscal cliff. tonight on "special report," house speaker john boehner says there has been no progress in negotiations with the president. he is again calling on mr. obama to come up with a new proposal. vice president joe biden says a deal could be done in 15 minutes. all this comes as the government announces a gain of 146,000 jobs in the month of november. the unemployment rate fell to 7.7%. that is the lowest in four years but that was mostly due to people who stopped looking for work. both sides agree the u.s. does not want to follow down the path of greece. what is to blame there? too much austerity or too much taxation? we'll look at the problems inside his own party, for speaker boehner. it's friday. that means the lightning round with the panel. "special report" from washington starts at 6:00 eastern. now back to new york and "the five." ♪ ♪ >> bob: kay. there is music for you. on december 3 last year, 16-year-old tyler alfred from oklahoma was driving under the influence and crashed his pickup truck killing his passenge
and that might affect the company negatively. wall street counting down the hours the fiscal cliff deadline, we have somebody who says this isn't the real fiscal cliff at december 31 isn't the real deadline to watch. we will tell you what it isn't how you might want to play it. david: how do i go flyfishing with paul volcker? or maybe lunch with business titans. how you can do those experiences with some of the top minds. liz: what drove the market with the "data download." david: if it is in ontana, i would take it. liz: stocks pushed into the green with all the major indices pushing into the green. longest winning streak in nearly two months. potatoes and industrials were the top perffrming sectors while they could not quite get it. oil for the fifth day in a row slip into a three-week low on concern over the italian prime minister resignation soon and the impact on europe's debt crisis. crude and in the day down $0.37 $85.56 per barrel. gasoline has come down $0.10 over the past few weeks. korn falling to a three-week low so far i'm growing demand overseas for supplies from the u.s. soybean
the election of november 6th, they are betting we will not go over the fiscal cliff interestingly enough. right now the dow up just 15 points as we head towards the close. much more to come on the second hour of "closing bell." >>> and it's that time of day. it's 4:00 p.m. here on wall street. maria will be back in the seat tomorrow. as the clock winds down to the fiscal cliff deadline, this is how we're finishing on wall street. at this stage it looks like we got a gain of only 14 points for the dow. obviously we were higher than that, not much more but were higher earlier in the day. the nasdaq up by only eight points and the s&p finishing up by just a trickle of positive. well, ticktock. the market is closed. seems to be waiting once again for some clear signal on what's going to happen with regards to the fiscal cliff. how can you make money in the final trading sessions of the year amongst all this uncertainty? >> we have definite answers coming with our panel. back with us nathan bachrach from the financial network. also matt mccormick, sandy lincoln, and john spolinsani. what do we do be
will be stupid enough to let us go over this fiscal cliff, and all that entails, even though in the entail immediate days to come it's not d going to be a catastrophe, but oing this is an awful thing if they let this happen and you know it means that everybody's taxes know are going to go up.e going t nothing will be solved and the perception of it around the world is the dangerous part because what it says is we can't says get our fiscal house in order. in >> speaker boehner accuses the accuses th president of slow walking this -walking t process, because he's not not putting forward new spending cuts.ndin but in some ways doesn't the president hold most of the cards because going over the fiscal fisca cliff, everybody's taxes would go up. do you think that >>> the weather looking cloudy appear wet and wet around the bay area. it's going to taper off throughout the day but it's going to stay chilly. in fact, temperatures in the 50s for a high today well below average the things settling down, cold tonight, dry tomorrow, maybe more rain though throughout the weekend.
. 25 days now until america goes over the fiscal cliff if nothing happens. congress still in a political stalemate. the house of representatives are taking the weekend off. when it comes to solving our debt problems, we know where both parties stand but what about the people who will have to live with the decisions? what do americans, average americans, want to see in a fiscal cliff deal? steve leisman here now with our exclusive results of the cnbc all-america economic survey. what do americans want, steve? >> what you would expect. free stuff, tyler. actually, no, we'll get into that in a second. first we want to show you results of our december cnbc all-america survey. what we asked about the fiscal cliff. the first thing we wanted to establish is do people know about this thing? we looked at some of the other times we've asked this. what we'll see right here is other situations where they knew it, where other main stories that were out there. for example, the trayvon martin shooting. 91% of americans knew about that. occupy wall street, 80%. going forward what you have
for coming in today. >> thank you, bret. >> so will simpson's appeal do any good? we talk about the fiscal cliff when the fox all-stars join me next. there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. >>> to be clear, i am in the going sign any package that presents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done. >> what the president really interested in, as we learn just yesterday, is getting as much taxpayer money as he can first by raising taxes on small business, that he believes are making too much money. then on everybody else. not to lower the debt or the deficit but so he can spend until his heart
will keep coming, and we will not hit the fiscal cliff. >> all right, gentleman, thank you for your insight. we'll see if there'll be a deal. time is running out. >>> live pictures as protesters outside the state capital continue to gather in lansing, michigan. hundreds are there to protest the right to work vote. today our poppy harlow is live inside the state capitol right now. poppy, what are you seeing around you. paint a picture for us inside the capitol. >> reporter: absolutely. well, we just got in some video, so hopefully our viewers can see that. this is the scene of the house senate chambers here at the state capitol in lansing, michigan. the house is currently in session and could vote any moment on this bill for right to work. i want to walk you -- it's really loud, but i want to walk you into the hall here. somewhere between 400 and 500 protesters chanting, we are union, we are union. [ inaudible ] >> all right, all right, poppy, we're going to give you a second to move a little bit inside the capitol there. we can't understand most of what you are saying. clearly, a lot of peo
and the so- called fiscal cliff. that is coming up next on c- span3 then a panel on innovation and the economy. later a conversation about how the fiscal deadline and sequestration could affect national security in the defense budget. >> on tomorrow morning's washington journal, and look at the so-called fiscal cliff and what happened of budget cuts take place in january. jim doyle on the aspect of businesses. after that, charles clark with domestic program cuts. and more about the issue with the brookings institution and ethics of public policy center. and your e-mails, phone calls, and tweets. live tuesday at 7:00 a.m. eastern on c-span. >> president obama talking about the economy and the need to reach an agreement with congress on the january fiscal deadline terry the president spoke at the daimler diesel plant outside of detroit. his remarks are about 25 minutes. >> hello, redford! [applause] it is good to be back in michigan. [applause] how is everybody doing today? [applause] now, let me just start off by saying we have something in common -- both our teams lost yesterda
: a pleasant thought. what's happening in 23 days from now, that of course is the fiscal cliff. it was disheartening to hear john boehner come out yesterday and say we are nowhere near any sort of progress or any sort of outcome. >> we have been talking. >> clayton: we have been having lunch, haven't been talking to the other side. and look we have the countdown clock, 23 days. and republicans are basically saying, look, the president doesn't want to do this, doesn't want to have an agreement. the president though is saying, look, we can get this done. let's listen to the president first. >> when all of this, bypassing a law that prevents a tax like on the first $250,000 of everybody's income, that means 90% of americans and 97% of small businesses wouldn't see their income taxes go up by a single dime and even the wealthiest americans would get a tax cut on the first $250 of their income and families everywhere would enjoy some peace of mind. >> see, the thing is here, republicans think that the president doesn't want to do anything. at the end of the day, if the president dog
will join us when "squawk box" comes right back. >>> still ahead this hour the impact of the fiscal cliff on the hotel business. starwood hotels ceo frits van paaschen on the company's preparations for the end of the year. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money
't be any accountability here whatsoever. >> coming up, republican senator rand paul has a different fiscal cliff solution. he says let democrats raise taxes. senator paul explains next. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. i had[ designer ]e
proposals on the end of the year avoiding the fiscal cliff. they offered a new proposal offering the tax revenue to lower it to 4.1 trillion. house speaker john boehner disclosed his offer yesterday. >>> and they are now planning ongoing public. that story is and coming up at 5:05. right now it is 4:46, john mcafee could soon return to the united states. he said a guatemala judge said his detension is illegal. he was detained after entering the country illegally to avoid detention in bail lease about -- belize about the questioning of his neighbor. >>> police are getting stonewalled. a burglary or burglars bashed in a store with sledge hammers from the fine jewelry department. the alarm was tripped but they did not arrive until later. >> it would be helpful, the sooner the better and we would like to recover the jewelry. >> the same store was hit a few years ago. it was hit near macy's just a few years ago. and the shopping store in broadway plaza could be improved. >>> and yahoo e-mail has a new look that is designed to make it easier and use. yahoo remains the top e-mail service but go
to you and wait to see it. connell: to that point, if you are right about that, and the fiscal cliff does give push forward in some form again, if it is not may be priced in, the market may have a little bit of room to rally on it. if you look at the economy, it is actually doing okay. i think those things go away if we get a deal. i don't think that is priced in at all. connell: great to have you on. thank you for joining us today. >> my pleasure. dagen: a stock alert for you. it could be a record-setting day at fedex. this could be the busiest day in the company's history. they have about 300,000 permanent workers worldwide. they add an additional 20,000 workers for the seasonal work. it is up 1%. goldman sachs, speaking of the economy: even in the firm's baseline forecast, you can expect economic slowdown in early 2013. things will be even worse if washington cannot cut a deal. financial conditions will very likely be cliff like, early january. connell: stick around for the story coming out of australia. the police there are warning drivers that a problem with apple maps can actually
. oil, gold, stocks, nothing is moving. why not? >> two words, fiscal cliff. we are absolutely frozen because we don't know what is going to happen come an end of the year and i'm afraid. we started to hear chatter about the government might just think this embolden them. the economy can handle as going over the cliff which is absolutely crazy but that is what we are starting to talk about down here. here we go again. that is why nothing is moving. stuart: merry christmas in chicago, we do appreciate it. see you again soon. major blow to unions in one of the biggest union state in the country. protests at the state capitol in michigan after the state legislator passed right to work laws. the governor says he is going to sign it putting michigan on track to become a right to work state. the unions absolutely furious. listen to this. [chanting] stuart: when you heard it before and heard it again. vincent the new geo of the center for public policy is in michigan. let me get things real straight here. if you have a right to work state, membership in the unionn becomes voluntary. that is
said gene sperling would be joining us after this discussion. he was in the midst of the fiscal cliff negotiations, so hopefully he will tell us how he is protecting these important investments. >> next, a conversation about spurring investment in the marketplace. this is hosted by the center for american progress. this is 55 minutes. >> that is a really tough act to follow. >> for sure. >> we have a challenge. i am al hunt. i am delighted to be here. let me tell you one quick story about our host. when i met neera when she was policy director for hillary clinton and barack obama, i did a column or i refer to her as the sugary ray robinson. he was a pound for pound the greatest boxers. she was the sugar ray robinson of policy record. everytime i see here i say "hi, sugar." >> i was wondering why you said that. >> well, when my younger reporters heard this and it to a colleague "it is just a different generation." i am sorry, sugar. >> well -- andwhat i'm glad you explained that. >> it is terrific to be here. what a great panel. glenn hutchins is the founder of silver lake. he is a tre
america for years to come. for that, we need a dea to avertthe fiscal cliff. let me know what you think. you can find me on facebook or tweet me. my handle is @ali velshi. have a great weekend. >>> you're in the "cnn newsroom." i'm joe johns. fredricka whitfield is off. u.s. investigators are looking into whether a man detained in egypt played a role in the attacks on the u.s. consulate in benghazi. egyptian authorities have detained muhammad abu ahmed. he's a well known jihadist who was released from prison after the downfall of former president hosni mubarak's regime.diotti i york. what do we know about the arrest of the aleng ledged terrorist suspect? >> he was picked up a couple weeks ago in ejimegyegypt. joous authorities suspect he may have been involved in the consulate attack in benghazi on september 11th that killed chris stephens and three other americans with direct knowledge of the investigation. the u.s. source tells me the fbi which is conducting the investigation, has not had access to him yet. the source says following the attack, ahmed very quickly popped up on their ra
-called fiscal cliff by white house economic adviser gene sperling and republican senator rob portman. then we're live with a discussion on the latino vote in the 2012 presidential election and the prospects for changes to immigration policy. and later the senate's back at 2 p.m. eastern for general speeches. later, members resume debate on extending the transaction account guarantee or t.a.g. program that provides unlimited deposit insurance cover coverage a procedural vote on that measure is expected along with a vote on president obama's nominee to be the assistant secretary of housing and urban development. live gavel-to-gavel coverage here on c-span2. >> today the pew center ohses a daylong conference on voters' experiences in the 2012 election. representatives from google, facebook, microsoft and twitter as well as democratic and gop secretaries of state will discuss voter registration and id laws and the long lines that occurred outside some voting precincts. live coverage of the conference begins at 9 a.m. eastern over on c-span3. >> now, white house economic adviser gene sperling and
up to the fiscal cliff. >> brian: at least they are talking to each other. they are talking about raising rates for medicare to scen . rates to 37 . difdepped and inheritance and capitol gains on tap to go up. that could be devastating. >> steve: especially the difid end tax up a gigantical. >> brian: and capitol gains up five points. >> gretchen: stay tuned for that. he risked his life to help americans nail bin laden and now fox news has learned he was torteured in a pakistani jail. family members of the doctor said they can't even visit him. he was captured by pakistani officials and sentenced to 33 years in prison. got most wanten in the world. >> brian: why is there not more outrage on that. >> steve: and now extreme weather. he survived a tornado only to have this happen. watch. >> oh, my god, oh, my god. ci'm okay. che was chatting with a tv reporter when the roof came crashing down and luckily it was all caught on camera. >> gretchen: in country illegally. the university of california at berklyy offered 200 scholarship. a private company do mated money. >> brian: an easy b
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